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As part of their eight-point plan, Indonesian authorities have come up with three proposed measures to meet MSCI's transparency demands and avoid potential downgrading to emerging market status.
3 hours agoThe former deputy finance minister, who also President Prabowo Subianto's nephew, replaced Juda Agung, who resigned as BI deputy governor on Jan. 13 and was inaugurated as deputy finance minister on Thursday.
4 hours agoThe projects, launched simultaneously across 13 regions on Friday, are fully funded from Danantara’s internal resources and are expected to create about 6,000 direct jobs, the fund said in a statement.
5 hours agoJapanese stocks soared to record highs Monday after Prime Minister Sanae Takaichi's election triumph, but experts warned that the country's first woman leader could struggle to keep both voters and markets happy.
7 hours agoNikkei jumped 4.2 percent to all-time highs as the government's decisive majority after the election clears the way for more spending and tax cuts.
10 hours agoA potential lawsuit over halted mining operations could expose the state to fiscal risks reaching tens of trillions of rupiah, extending far beyond legal fees to include lost revenue and compensation claims.
23 hours agoDanantara has stepped up to fill the funding gap for a new Krakatau Steel facility at KIEC, which previously attracted interest from Chinese investors.
1 day agoThe EU said Friday that TikTok needs to change its "addictive design" or risk heavy fines under the bloc's digital content rules, drawing a sharp pushback from the Chinese-owned platform.
1 day agoAccording to local reports, Bithumb was meant to send about 2,000 won (US$1.37) to each customer as part of a promotion, but mistakenly transferred roughly 2,000 bitcoins per user.
2 days agoThe collaboration is expected to push digital innovation and ensure the safety, scalability and performance of organizations in Indonesia.
1 week agoStarlink collects vast amounts of user data, spanning location information, credit card information, contact information and user IP addresses.
1 week agoIndia's central bank has proposed that BRICS countries link their official digital currencies to make cross-border trade and tourism payments easier, two sources said, which could reduce reliance on the US dollar as geopolitical tensions rise.
3 weeks agoInitial figures showed platforms were taking meaningful action to remove underage users, Australia's eSafety Commissioner Julie Inman Grant said.
3 weeks agoJapanese stocks soared to record highs Monday after Prime Minister Sanae Takaichi's election triumph, but experts warned that the country's first woman leader could struggle to keep both voters and markets happy.
7 hours agoIndonesian stocks and currency traded weaker in early trade on Friday after Moody's lowered the country's credit rating outlook, the latest jolt in a turbulent start to the year for Southeast Asia's largest economy.
3 days agoThe EU said Friday that TikTok needs to change its "addictive design" or risk heavy fines under the bloc's digital content rules, drawing a sharp pushback from the Chinese-owned platform.
1 day agoRio Tinto has walked away from takeover talks with Glencore, ending months of negotiations over a tie-up that would have reshaped the global mining industry.
3 days agoThe region, which has trailed other parts of the world in recovering from the Covid-19 pandemic's impact on aviation, is now catching up fast as travel rebounds and new opportunities emerge, said the firm's vice president of commercial marketing Darren Hulst.
4 days agoAlphabet is taking on OpenAI with a gusto that underscores Wall Street's perception that the Google parent is the leader in AI, a turn of events from a year ago when investors thought it was badly lagging behind rivals and punished its stock.
4 days agoNikkei jumped 4.2 percent to all-time highs as the government's decisive majority after the election clears the way for more spending and tax cuts.
10 hours agoThe benchmark Jakarta Composite Index lost 2.5 percent while the rupiah dropped as much as 0.37 percent to 16,888 per dollar, its lowest since January 22 and down 1 percent for the year.
3 days agoGlobal stocks extended losses into a third day on Friday as a selloff on Wall Street intensified, leaving investors dazed as wrenching volatility gripped precious metals and cryptocurrencies.
3 days agoAsian stocks fell Thursday to track more losses on Wall Street, where tech firms were again under pressure as fears over vast AI investments and extended valuations gained momentum.
4 days agoHigher palm oil imports by India, the world's largest buyer of vegetable oils, could help reduce inventories in top producers Indonesia and Malaysia, supporting benchmark Malaysian palm oil futures, while pressuring US soy oil futures.
6 days agoStocks rallied while precious metals and crude rebounded as some stability returned Tuesday following a rout fueled by a perfect storm that sent shivers through across Asian trading floors.
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